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Couple strike ‘iDeal’ with Apple, sell home for $1.7 mn

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-10-10 07:23 AM
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Couple strike ‘iDeal’ with Apple, sell home for $1.7 mn

Couple strike ‘iDeal’ with Apple, sell home for $1.7 mn

The North Carolina couple have bucked the housing trend rather spectacularly - by selling their $6,000 home to computer giant Apple for $1.7million.

The pair — who have now built a brand new dream house with the proceeds — had lived in their tiny home in rural Maiden, North Carolina, for 34 years. They had no plans to move.

But when Apple Inc said they wanted to buy the property, which originally cost just under $6,000 and sits on less than one acre of land, they finally agreed, the Daily Mail reports.

‘They told us to put a price on it and we did,’ Kathy Fulbright, 62, told a US newspaper. The couple used the proceeds from the sale to build a new 4,200 square-foot house — on 49 acres, boasting a jacuzzi and pond. They said they rejected Apple’s first offer, and second. Well, they always did say that the third time’s the charm.

Apple is in the process of building a $1billion data centre on the surrounding property. The gigantic warehouse-like facility is set to be humming with servers and generators that will deliver all the digital entertainment that makes Apple’s flagship products — the iPod, iPhone and iPad — so popular.

http://www.punemirror.in/article/5/201010102010101002221732167dce200/Couple-strike-%E2%80%98iDeal%E2%80%99-with-Apple-sell-home-for-17-mn.html
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-10-10 09:06 AM
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1. I hope then can afford the bills and property taxes on their new place. nt
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